American Banker, National Mortgage News, Bank Investment Consultant, Credit Union Journal, Asset Securitization Report | Divided Congress = Gridlock for Financial Services Policy

Pat Sargent comments on a draft bill that could authorize the U.S. Treasury Department to use CARES Act funds to purchase preferred equity investments in commercial real estate businesses.

Stephen Ornstein comments on the U.S. Supreme Court’s review of the constitutionality of the Consumer Financial Protection Bureau’s leadership structure and whether a ruling against the agency might also invalidate the leadership structure of the Federal Housing Finance Agency.

Nanci Weissgold is quoted on a 7th Circuit decision over the Fair Debt Collection Practices Act and how the decision impacts an earlier proposal made by the Consumer Financial Protection Bureau.

Cliff Stanford is quoted on how state banking regulators may lack the proper tools and resources to oversee large financial technology companies.

Cliff Stanford comments on how new House leadership could provide opportunities for legislative movement in the banking industry following the midterm elections.